Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

The Way Home

5480 Kirkwood Blvd SW Apt 5, Cedar Rapids, IA, 52404

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

The Way Home offers 24 low-income units in Cedar Rapids designed for families, with 16 two-bedroom and 8 three-bedroom apartments. The property has been in service since 2007 and is owned and operated by a non-profit organization.

Waitlist Information

Waitlist managed by Cedar Rapids Housing Services

Public Housing Waitlist
Closed

No current information found regarding the waiting list status for Public Housing directly from Cedar Rapids Housing Services.

Last verified February 20, 2026
Section 8 (HCV) Waitlist
Closed

The Section 8 waiting list is closed and not accepting applications at this time. It will remain closed for an undetermined time. Reasonable accommodation requests for disabilities can be made. Changes to waitlist applications are only accepted in writing.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
24
2 Bedroom
16
3 Bedroom
8

Fair Market Rent - Linn County, IA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$638
1 Bedroom$716
2 Bedroom$941
3 Bedroom$1,326
4 Bedroom$1,597

Income Limits - Linn County, IA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$18,800
Very Low (50%)
$31,300
Low (80%)
$50,050
2 Persons
Extremely Low (30%)
$21,450
Very Low (50%)
$35,800
Low (80%)
$57,200
3 Persons
Extremely Low (30%)
$24,150
Very Low (50%)
$40,250
Low (80%)
$64,350
4 Persons
Extremely Low (30%)
$26,800
Very Low (50%)
$44,700
Low (80%)
$71,500
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$48,300
Low (80%)
$77,250
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$51,900
Low (80%)
$82,950
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$55,450
Low (80%)
$88,700
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$59,050
Low (80%)
$94,400

Tax Credit Program Details

Year Placed in Service
2007
LIHTC Credit Type
3
Low-Income Units
24 / 24
Target Population
Families
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Cedar Rapids, IA?+

The Fair Market Rent (FMR) for Linn County, IA is: $638 (Studio), $716 (1BR), $941 (2BR), $1326 (3BR), $1597 (4BR). Actual rent at subsidized properties like The Way Home is typically 30% of household income or less.

What size apartments are available at The Way Home?+

The Way Home offers the following unit types: 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.

Who is eligible to live at The Way Home?+

The Way Home primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at The Way Home?+

The Way Home is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

What is the price range for apartments in Cedar Rapids, IA?+

Based on Fair Market Rent for Linn County, the estimated price range is: 2-bedroom: $941, 3-bedroom: $1326. Actual rent at The Way Home may be lower for income-eligible households.

Who manages The Way Home?+

The Way Home is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for The Way Home?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Linn County, IA?+

For a 4-person household in Linn County, IA, the income limits are: Extremely Low Income (30% AMI): $26,800, Very Low Income (50% AMI): $44,700, Low Income (80% AMI): $71,500. These limits are set by HUD and updated annually.

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Walk Score

Car-Dependent

28
Walk
23
Transit
29
Bike

Nearby Schools

PK,KG,1,2,3,4,5
KG,1,2,3,4,5

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Linn County, IA

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Housing Resources in Cedar Rapids, IA

HUD-Approved Counseling Agencies

HORIZONS, A FAMILY SERVICE ALLIANCE (HORIZONS CCCS)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops